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BOI seeks investment opportunities in Central Asia
Representatives from Pakistan highlight potential in power and energy sectors.
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Kuwaiti firm gets licence to find hydrocarbon reserves
Apart from $9.5m work commitment, $30,000 will be utilised on welfare.
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Market watch: Some relief for the index as week ends
Benchmark KSE-100 index gains 346.41 points.
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Share float: WAPDA plans to offer assets to general public
Funds will be spent on water storage, power generation projects.
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Aviation policy: No to tax incentives for aviation sector
Proposes reduction in tax liabilities besides seeking changes in regulations.
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Lured by revenues’ argument, Dar forms committee
PTC wants reversal of decision on enhancing size of pictorial warning .
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Special purpose: Fatima Group to establish transmission company
Subsidiary is already constructing a 120MW power plant to sell electricity.
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Prompt payments: Finance ministry to release money for LNG imports
Will directly credit amount to PSO accounts from power subsidy.
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LNG import agreement signed with Qatar: petroleum minister
First LNG shipment to reach Pakistan by end of March; Ministry also signs oil exploration MoU with Kuwaiti company
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3P Pakistan 2015: Over 250 companies participate in fair
The fair coincided with the Food and Technology Pakistan 2015 exhibition at the Expo Centre in Lahore
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US-Pakistan Business Council keen on ties
Wants enhanced trade and investment relations.
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Letters of Interest: PPIB issues LoI for six coal-based projects
More under process, says water and power minister.
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SECP facilitates: State Life Insurance, CDC ink agreement
Deal will help develop information sharing solution for the former.
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Foreign exchange: SBP’s reserves rise $65 million
Reserves are likely to increase further soon because of the $550 million tranche approval from IMF
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Market watch: Index manages to crawl in the black
Benchmark KSE-100 index gains 43.07 points.
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Jul-Feb: Saving reading clocks in at Rs238 billion
CDNS director general says people showing confidence.
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Cashing in: Amalgamation of HBL and Barclays Bank
Latter’s Pakistan business will cease to exist; process subject to approval.
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2014: A bright start before the dip and slip to the red
Shell CEO calls for revising margin; looks at LNG potential .
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Economic corridor: Pakistan, China to step up work on framework accord
Differences could not be fully addressed during visit of Chinese experts.
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Credit Bureaus Act: Standing committee gives its approval
The proposed legislation will provide for the functioning and regulation of credit bureaus in the private sector
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Sindh and Punjab: No place for new wheat, says agricultural department
Last year’s surplus stock taking up space in warehouses.
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PSM looking to achieve 60% capacity utilisation
Current management claims revival of the mill has begun.
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Local car sales register 17% growth
Clock in at 102,491 units during 8MFY15.
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Market watch: Index ends in red over law-and-order concerns
Benchmark KSE-100 index falls 26.98 points.
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Partnership with banks: USAID to underwrite loans for small businesses
Initially, it will offer $10m that will back $60m worth of lending.
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Over 61% increase in gas tariff likely
Ministry suggests uniform tariff for all consumers to end cross-subsidy.
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Wind mill project inaugurated in Thatta
Completed by Chinese company at cost of $130m.
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Economic corridor: Hydroelectric power projects come last in priority list
Instead of cheaper option, government opts to complete thermal plants first.
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Sindh projects: World Bank lends $188m for reforms, irrigation system
Experts say reforms require bold decisions, cannot be undertaken with foreign help.
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'Delivery Chacha' will deliver anything, anywhere
Hear what Nashit Iqba of 'Delivery Chacha' has to say about his venture
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Energy trade: Nepra signals approval for Iran power import
Regulator has no plan on how to avoid US sanctions against Iranian utility company
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Trade with Italy: Envoy says Pakistan a potential market
Says Italy and Pakistan have yet to fully utilise the immense potential available to them in bilateral trade
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Excess sweet: Pakistan signs 250k-ton export deals
Pakistan produces about 6 million tons of sugar but consumes only around 4.5 million a year
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In Sindh: French agency to invest $20m to support wind farm
Will help Gul Ahmed Wind Power operate 50-megawatt facility.
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International conference: New investments likely in halal industry
MoU signed to help sector reach its true potential.
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Biometric system: Two-thirds of 103 million SIMs verified
10.9m disowned by users, reveals PTA data.
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Market watch: Cement, fertiliser sectors steer index towards the red
Benchmark KSE-100 index falls 293.98 points.
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OGRA member oil: Bureaucracy active to hire person of its choice
Hiring criteria changed in advertisement published for the slot.
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Exports and imports: Trade deficit widens 16% to $14.1b
Experts predict exports further plunging due to depreciating euro.
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8MFY15: Remittances amount to $11.7 billion
Register growth of 14.6% year-on-year.
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Unfulfilled guarantee: Question marks hover over LNG import
Terminal ready but no sign of fuel; EETL continues to remain in the dark.
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Mission aborted: Govt cancels meeting set to approve HEC sale price
Indicates Privatisation Commission could not reach consensus deal with sole bidder
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Apple Watch may move the needle on wearable tech
The company announced its plans for Apple Watch last year
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Humanitarian purpose: WFP seeks permission to use Port Qasim
Wants to send wheat from US to Afghanistan via Pakistan.
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New mission chief: IMF unlikely to toughen stance
Harald Finger impressed by economic headway made by Pakistan.
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Brotherly ties: FPCCI stresses on helping Iraq’s development
President Riazal Gizri said there was a need to establish a joint chamber of commerce.
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Pak-indonesia: PM calls for increased trade
He was talking to Indonesia’s Vice Minister for Foreign Affairs Abdurrahman Mohammad Fachir.
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Inquiries under way: Cloud of regulatory action hovers over market
Reports surface of notices issued to leading brokers, fund managers.
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Sugarcane: Growers protest on ‘violation’ of prices
Urge Sindh govt to settle commodity at acceptable rate.
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Market watch: Rumours, absence of triggers add to index’s fall
Benchmark KSE-100 index drops 403.09 points.

















































